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Finance

Danal posts 115.4 billion won first-half revenue, eyes global payments and stablecoin expansion

Danal said in a filing on Thursday it posted first-half revenue of 115.4 billion won and operating profit of 3.0 billion won on a consolidated basis. On a separate basis, it reported revenue of 92.8 billion won and operating profit of 6.9 billion won. The company expanded its payments business, increased transactions in retail, culture and leisure, and continued investment in new businesses including stablecoins and a foreigner payment platform.

AI & Enterprise

ITCEN Global posts first-half revenue of 5.58 trillion won, operating profit 107.5 billion won

ITCEN Global said on Aug. 13 its consolidated first-half revenue totalled 5.58 trillion won, up about 92 percent from a year earlier. The company said growth was supported by balanced gains in its Web3 and IT services businesses, including units such as Korea Gold Exchange, ITCEN CTS and ITCEN ENTECH. Operating profit rose 94 percent to 107.5 billion won and net profit increased 153 percent to 109.8 billion won.

Crypto

UK money-laundering probe businessman bought $100 million of Trump family-linked crypto tokens

A businessman previously investigated in Britain on suspicion of money laundering was identified as the person behind Aqua1\'s purchase of $100 million worth of tokens from World Liberty Financial, a crypto project involving the Trump family. Cointelegraph, citing the New York Times, said Guren Zhou was linked to the June 2025 purchase. The New York Times noted Zhou was arrested in 2021 and a crypto venture he started failed.